News
Fed's Powell: Digital dollar could help USD maintain world's reserve currency status
Published: Saturday, 02 July 2022 20:00 | 
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| (Kitco News) - A U.S. central bank digital currency (CBDC) could help maintain the U.S. dollar's status as the world's reserve currency, said Federal Reserve Chair Jerome Powell.
Gold, silver pausing Friday to end a hectic week
Published: Saturday, 02 July 2022 20:00 | |
| (Kitco News) - Gold and silver prices are not far from unchanged in early U.S. trading Friday. Traders are taking a step back to assess a big week of major central bank developments, including an aggressive Federal Reserve interest rate hike Wednesday afternoon.
Can the gold price break above $1850/oz next week?
Published: Saturday, 02 July 2022 20:00 | |
| (Kitco News) - The gold price has had a bit of a revival in the middle of this week once again rejecting any downside moves below $1800/oz.
Bitcoin daily chart alert - Bulls work to stop the bleeding - Jun. 17
Published: Saturday, 02 July 2022 20:00 | |
| (Kitco News) - Bitcoin-U.S. dollar prices are a bit firmer in early U.S. trading Friday, but not far above this week’s 1.5-year low.
BoE's Pill talks about the BoE's rate hike path
Published: Saturday, 02 July 2022 20:00 | |
| (Kitco News) - After the recent central bank action from the Fed, SNB, and BoE this week, the Bank of England's (BoE) Pill has been hitting the news wires this morning. The British central banker said " financial markets will have to make their own judgment upon whether the BoE is considering a 50 bps hike" at the next meeting.